North America OTC Consumer Health Products Market: Ageing Demographics in US and Canada

Posted on 2018-09-17 by Goldstein Research in Healthcare // 0 Comments

New York, USA, 2018-Sep-11 — /EPR Network/ —

North America OTC Consumer Health Products Market

According to Goldstein Research, North America OTC consumer health products market is expected to reach USD 49.0 billion by the end of 2025, growing at a CAGR of 2.76% over the forecast period, 2017-2025. The personalization of consumer health that leads to the formidable shift toward lifestyle and wellness programs supported by a holistic approach to self-care is driving the growth of North America OTC consumer health products market.

North America OTC consumer health products market segmentation has been done on the basis of product type, distribution channel and geography. Based on product type, cough-cold & allergy remedies segment lead the OTC consumer health products and accounted for the market share of 35% in 2017 due to increasing awareness among the population regarding the potential benefits of using the OTC drugs. It is dominated by United States U.S. representing 30% of the overall industry at USD 38.9 billion in 2017. In Canada, 75% of the adults use OTC medicine as the first response to minor health ailments and that nearly 60% of the parents give their children OTC medicine to treat an immediate medical symptom.

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Market Segmentation

On the basis of our in-depth analysis, North AmericaOTC Consumer Health Products Market can be segmented as follows:

By Product Type

Nutrition
Oral Healthcare
Skin Health
Vitamins & Dietary Supplements
Herbal & Traditional Products
Wound Care
Digestive Remedies
Sleep Aids
Emergency Contraception
Cough Cold & Allergy Remedies
Analgesics
Dermatological
Eye Care
Smoking Cessation Aids

By Distribution Channel

Online Stores
Offline Stores
Departmental Stores
Pharmacy Stores
Others

By Geography

United States OTC Consumer Health Products Market Analysis, 2016-2024
Canada OTC Consumer Health Products Market Analysis, 2016-2024

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“North America OTC Consumer Health Products Market Analysis” contains a detailed overview of the North America OTC consumer health products market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type, distribution channel and geography.

The market research reports highlight the in-depth analysis of OTC consumer health products market report that will help the clients to assess their business strategies as per the competitive environment in the market space. The competitive outlook of major North America players discussed in North America OTC consumer health products market report includes the business strategies, revenue distribution, financial analysis, product portfolio, R&D activities and investments.

Major players of the North AmericaOTC consumer health products market discussed in the report are: Sun Pharmaceuticals Ltd., Abbott Laboratories, Glaxosmith Kline plc, Pfizer, Inc., Johnson & Johnson, Piramal Enterprises Ltd., Ipsen, Sanofi S.A., Bayer AG, American Health, BoehringerIngelheim, Novartis, PGT healthcare, Takeda,Glenmark Pharmaceuticals Ltd.,etc.

Further, North America OTC Consumer Health Products Market Report encompasses the major trends & opportunities, market dynamics and other growth factors of the market. The OTC Consumer Health Products Market outlook also comprises key challenges, risk analysis, BPS analysis, SWOT Analysis and Market Attractiveness. The report also highlights the expert analysis to provide a complete overview of the market including the PESTLE analysis of each region and country.

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North America OTC Consumer Health Products Market

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